Moderately bullish activity in Circle Internet Group Inc (CRCL), with shares up $2.94, or 3.46%, near $88.05. Options volume relatively light with 79k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.7. Implied volatility (IV30) is higher by 1.1 points near 87.28,and above the 52wk median, suggesting an expected daily move of $4.84. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Sell at Compass Point.
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